Sunday Weekly Summary October 2, 2022

Sub11 Sunday Weekly Fintech Summary

Fintech Sunday Weekly Summary for Sub11 Image supported by cache

This summary is supported by Cache:

  • Sydney based Shaype has raised A$33m💰to accelerate growth, with particular focus on expanding the team to support a full pipeline of Australian clients, as well as international 🌎expansion. ✅

  • Melbourne based SME automation fintech Thriday has raised $6m to scale by onboarding their 11,000 waitlist & launch new features such as BAS lodgment & automated bill management 🧾🤖

  • Paytron, the full-suite workflows and spend management platform secures a $250,000 SAFE note from Commonwealth Bank’s venture-scaling arm x15ventures as the winner of the Xccelerate 2022 program 🎉

  • Envestnet | Yodlee have partnered with Sydney based Lumiant to power their expansion to new markets including Australia 🇦🇺 and the United States 🇺🇸

  • Salary on subscription platform Nine25, launched their Equity Crowd EOI Funding round via Equitise

  • George Lucas , current founder, MD & Joint Group CEO (International), of Raiz Invest will be leaving the organisation.

  • Cache is Australia’s leading investment-as-a-service provider; allowing any company to offer investment products to their customers. Cache builds, operates and manages white-labelled investment products for its clients and currently powers 78% of micro-investing products in the market.